#BTCRebound Here's a quick update 1. Binance BTC/USDT Chart (15m Timeframe) Price: BTC is trading at $94,959.60. Trend: Short-term price action is showing a recovery after dipping to $94,200, forming higher lows. EMA(34): The current price is slightly above the EMA, suggesting short-term bullishness. RSI: RSI(20) is at 56.11 — indicating moderate bullish momentum, not overbought. Williams %R: At -23.69, it suggests BTC is nearing overbought territory. MACD: Positive divergence (DIF > MACD) supports bullish continuation for now. 2. Coinglass Liquidation Heatmap There's a concentration of predicted liquidation zones between $95,000 to $96,000. Above $96,000, liquidation levels thin out, suggesting a breakout could move quickly if it breaches this range. On the downside, liquidation pressure strengthens near $93,000 and below. Combined Insight: BTC is trading in a tight short-term range between $94.2K and $95.6K. If it breaks above $95.6K, there's potential for a quick short squeeze up to $96.5K or beyond due to thin resistance on the liquidation map. However, if it fails and drops below $94.2K again, sell-offs may trigger around $93K. #Btc #Write2earn #BinanceAlphaPoints #BTCRebound
#AbuDhabiStablecoin Abu Dhabi’s ADQ, IHC, and First Abu Dhabi Bank are launching a dirham-backed stablecoin fully regulated by the UAE Central Bank. This action is part of a broader national strategy to accelerate the growth of the digital asset economy in the region. 💬 How do you see government-backed stablecoins shaping the future of crypto and global payments? Share your views